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Why Gowling WLG

Real Estate Restructuring

UK

We have an unrivalled offering for lenders, special servicers and borrowers in the distressed real estate arena.

Led by partners who have experienced two real estate recessions as well as the highs of the lending boom in between, our team draws on the resources of our finance, real estate, and restructuring and insolvency teams.

There is no 'one size fits all' solution to distressed real estate situations and we are committed to helping our clients to find their way through the maze of complex issues that can affect distressed real estate through bespoke training sessions, regular client 'surgeries' and seminars.

We advised Capita, a special loan servicer, and Menzies Business Recovery, where we acted on possibly the single highest value LPA receivership in 2013 with a sale concluded of the prestigious Woolgate Exchange in the City for £265 million. We found resolutions to a number of highly complex legal issues before the sale could be completed.

We have acted for a major UK residential house-builder on bespoke JV agreements with a UK bank to develop out and sell part-completed developments, including a city centre mixed-use scheme, which involved finding solutions to complex structural issues. We also acted for a European bad-bank on a number of €250 million+ exposures, involving complex cross-border security co-operation and enforcement issues.

Gowling WLG is an international law firm comprising the members of Gowling WLG International Limited, an English Company Limited by Guarantee, and their respective affiliates. Each member and affiliate is an autonomous and independent entity. Gowling WLG International Limited promotes, facilitates and co-ordinates the activities of its members but does not itself provide services to clients. Our structure is explained in more detail on our Legal Information page.